13th May 2009 11:23
AQUARIUS PLATINUM LIMITEDASX, LSE & JSEAquarius Platinum Limited(Incorporated in Bermuda)
Registration Number: EC 26290
Share Code JSE: AQPB
ISIN Code: ZAE000134540
("Aquarius" or the "Company")
13 May 2009 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA OR JAPAN APPLICABLE INTEREST RATE ON ZAR650 MILLION FLOATING RATE SENIOR SECURED CONVERTIBLE BONDS
Further to the listing by Aquarius of 65,000 floating rate senior secured convertible bonds ("Bonds") (the "Bond Issue") on the Main Board of the JSE Limited on 11 May 2009 and pursuant to the requirement for the notification of the interest rate applicable on the Bonds as contained in paragraph 8.4 of the Offering Circular for the Bonds, Aquarius announces that the applicable interest rate on the Bonds for the interest period commencing 11 May 2009 and ending 31 July 2009 will be 11.008%, being the sum of 3 month JIBAR as at 11h00 on Monday 11 May 2009 and the margin on the Bonds which is set at 3%.
An amount of R244.28 per Bond will be compounded on 31 July 2009, being calculated by multiplying the applicable interest rate for the period stated above by the principal amount of R10,000 of each Bond and multiplying such product by the actual number of days that will elapse during the period commencing 11 May 2009 and ending 31 July 2009, and then dividing that product by 365.
.ContactsAquarius Platinum Limited:Willi Boehm +61 (0)8 9367 5211 Nick Bias +41 (0)79 888 1642 REGISTERED OFFICE
Aquarius Platinum Limited â— Clarendon House â— 2 Church Street â— Hamilton HMCX Bermuda
Email: [email protected]
Telephone: +61 8 9367 5211
vendorRelated Shares:
AQP.L